Stocks rallied on Wednesday, the first day of gains for the market in three days, with the Nasdaq leading percentage gains on Wednesday and the Dow adding more than 150 points. First, the scoreboard: Dow: 17,213.56, +157.7, (+0.9%) S&P 500: 1,998.54, +15.8, (+0.8%) Nasdaq: 4,554.06, +45.4, (+1%) And now, the top stories on Wednesday: 1. The latest report on new home sales showed sales rose a whopping 18% in August to an annualized pace of 504,000. This beat the 4.4% increase to a rate of 430,000 that was expected by Wall Street economists, and marked the largest beat relative to …read more
Source: Business Insider
